Rent-Back Agreement: Why Sellers Might Need It
Posted by Florida Realty Marketplace on
Rent-Back Agreement: Why Sellers Might Need It
When working in a hot housing market, the intense competition for homes can create complications for sellers planning their next move. If you are selling a primary residence, you have important factors to consider, like how long it might take to find your next home and what you will do in the interim. If your home sells quickly before you have secured a new primary residence, you will want to look at all your options for housing in the meantime. One such option can be what’s known as a rent-back agreement, which has become increasingly popular in the latest housing market boom.
What to Know About Rent-Back Agreements
When navigating both selling your primary home and buying a new home, you end…
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